May 22, 2024

Tyna Woods

Technology does the job

KULR Technology Group (OTCMKTS:KULR) Upgraded to Hold by Zacks Expenditure Analysis

KULR Technological know-how Group (OTCMKTS:KULRGet Score) was upgraded by Zacks Financial investment Exploration from a “sell” ranking to a “hold” ranking in a investigation take note issued to investors on Tuesday, reports.

In accordance to Zacks, “KULR Technologies Team Inc. develops and commercializes thermal management systems for electronics, batteries and other components purposes principally in the United States, via its subsidiary, KULR Technological know-how Corporation. KULR Technological innovation Group Inc. is based mostly in Campbell, California. “

OTCMKTS KULR opened at $1.69 on Tuesday. The organization has a market capitalization of $180.87 million, a P/E ratio of -9.94 and a beta of 2.50. The business enterprise has a fifty working day straightforward transferring ordinary of $1.74 and a 200 day simple moving typical of $2.27. KULR Know-how Group has a 12 thirty day period minimal of $1.18 and a 12 month high of $3.81.

KULR Engineering Group (OTCMKTS:KULRGet Score) previous unveiled its quarterly earnings effects on Monday, May well 16th. The enterprise documented ($.04) EPS for the quarter, conference analysts’ consensus estimates of ($.04). The company experienced income of $.20 million throughout the quarter, in comparison to analyst estimates of $.63 million. KULR Engineering Team experienced a unfavorable return on equity of 104.86% and a unfavorable net margin of 651.30%. As a group, investigate analysts foresee that KULR Technological know-how Group will put up -.15 EPS for the present fiscal 12 months.

In other news, COO Terry Keith Cochran sold 90,200 shares of the firm’s stock in a transaction on Thursday, March 31st. The stock was sold at an normal price tag of $2.24, for a complete transaction of $202,048.00. Subsequent the completion of the sale, the chief operating officer now right owns 275,096 shares of the company’s stock, valued at somewhere around $616,215.04. The sale was disclosed in a authorized filing with the SEC, which is obtainable at the SEC internet site.

A number of institutional buyers have recently designed adjustments to their positions in the organization. BlackRock Inc. purchased a new posture in shares of KULR Know-how Group during the 4th quarter really worth $1,984,000. Geode Money Management LLC acquired a new placement in shares of KULR Technological know-how Group in the course of the 4th quarter worthy of $1,178,000. Vanguard Team Inc. grew its stake in shares of KULR Technologies Group by 3.7% through the 1st quarter. Vanguard Group Inc. now owns 2,834,615 shares of the company’s stock really worth $6,151,000 following attaining an added 100,122 shares throughout the period of time. Virtu Fiscal LLC bought a new place in shares of KULR Engineering Team all through the 4th quarter worthy of $216,000. At last, Marshall Wace LLP bought a new placement in shares of KULR Technologies Group during the 4th quarter value $207,000. 4.97% of the inventory is owned by hedge cash and other institutional investors.

About KULR Technology Group (Get Rating)

KULR Technological innovation Group, Inc, as a result of its subsidiary, KULR Know-how Corporation, develops and commercializes thermal administration technologies for batteries, electronics, and other components purposes in the United States. It provides lithium-ion battery thermal runaway shields fiber thermal interface materials section improve content heatsinks interior shorter circuit device KULR battery mobile screening and screening automation procedure and tech protected situation cellcheck and CRUX cathodes.

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